Carnival Corporation has extended its surplus meal donation program to the Dominican Republic, making it the second Latin American country to join this initiative. The program redirects prepared but unserved meals from Carnival Cruise Line ships to local communities in need, starting with about 200 meals donated at Amber Cove in Puerto Plata. Supported by local government and partners, this effort aims to reduce food waste and address food insecurity. Since 2017, the program has donated over 320,000 meals globally and plans to expand further across Carnival's cruise destinations.
Carnival Corporation reported its twelfth consecutive quarter of record net yields with adjusted EPS of $0.41 and revenue of $6.663 billion, beating guidance. Despite strong bookings and a $9 billion customer deposit record, shares fell nearly 5% due...
Carnival Corporation lowered its fiscal 2026 net yield growth forecast to 3.2% from 4.1% and slightly reduced adjusted EBITDA guidance to $7.11 billion. Despite these near-term pressures, Jefferies analysts reaffirmed a Buy rating and a $35 price tar...
Carnival's stock fell 6% after reporting record revenue and an earnings beat, but investors focused on its weaker-than-expected next quarter guidance and rising fuel costs. In contrast, Royal Caribbean shares dipped only 1%, supported by strong profi...
Carnival Corporation Ltd. is currently undervalued, trading at a 13% discount compared to the sector median despite showing strong revenue growth of 6% and EPS growth of 47% over the past year. The company benefits from a robust global cruise tourism...
Carnival Corp reported better-than-expected Q2 earnings with adjusted EPS of $0.41 and record revenue of $6.7 billion, but shares fell nearly 6% after the company issued a Q3 profit forecast below analyst expectations. The cruise operator faces chall...
